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This paper examines the possibility of ascertaining the welfare changes that occur when a...

U.S. household consumption declined sharply in late 2008, marking a departure from thetrend of a...

In countries such as the Soviet Union, where wealth is mainly stored in monetary assets, the...

This paper presents a statistical and economic interpretation of the low and often economically...

This paper examines how durable goods and financial frictions shape the business cycle of a small...

This paper discusses two selected issues related to the economy of Morocco: fiscal multipliers...